- Hungary Country profile
- Benefits of the program
- Investment requirements
- Visa-free and visa-on-arrival country list
About the program
Hungary’s Permanent Residency Program offers a gateway to residence in this vibrant European nation, providing an attractive option for individuals seeking long-term relocation.
To be eligible to apply for this program, you must be over 18 years old, in good health, and without a criminal record.
This opportunity comes with no language, residency, or knowledge requirements and offers the advantages of a favorable tax system, providing lifestyle and financial security within the EU’s stable economic and political environment.
Minimum Physical Residency
Successful investors are required to maintain property and a registered address, but there’s no need for physical residency.
This program allows you to include your spouse, unmarried children, and parents on a single application.
The initial residency permit is valid for five years and can be easily renewed.
Route to citizenship
Achieve permanent residency in just three years and become eligible for citizenship after eight years.
Benefit from access to the highly sought-after Schengen Zone in the European Union.
Main applicant requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
- Spouse of the main applicant
- Children above the age of 18 as long as they are enrolled in a continuous education institution and dependent on the main applicant
- Parents in-law
*Parents and children older than 18 must be dependent on the main applicant.
The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice.
The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.
Read about the process steps in detail here.
As per the Hungarian Permanent Residency Act CCXX of 2012 amending Act II of 2007 on the Entry and Residency Requirements of Third-Country Citizens Article 1(4) 4):
For Paragraph (3), a third-country citizen’s stay in Hungary is considered to be “in the interest of the national economy” in particular if:
- a) The third-country citizen who applies verifies that he/she own(s) security with a face value of at least EUR 300,000 and with a maturity of at least five years”.
Q: Can I include my family when applying for Hungary Residency by Investment Program?
Yes, you can include qualified members of your family in the application or add them after you have obtained your citizenship for an additional fee. A qualified family member can be a child not older than 25 years, a spouse, and parents and in-laws older than 50 which are financially dependent on the main applicant.
Q: Are there any interviews, language tests, or work experience requirements when applying for Hungary Residency by Investment Program?
The Government of Hungary does not require you to pass any interviews, language tests or have previous work experience to be able to apply for this program.
Q: Do I need to visit Hungary before obtaining my citizenship?
You are required to make one visit during the application process to Budapest, to provide biometric data and to collect the residency card in person.
Q: Does Hungary provide a biometric (ePassport) passport?
Yes, the passport of Hungary is a biometric passport, also known as an ePassport.
Q: How many pages does the Hungarian passport have?
The biometric passport of Hungary has 32 pages.
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